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Now Open in Putnam

Jewett City Savings Bank has opened a new office in Putnam, and that’s good news for anyone looking for great banking values while working with neighbors they know and trust.

Since we opened our doors in 1873, Jewett City Savings Bank has been the hometown bank that helps individuals and businesses manage their money and achieve financial goals — through both good and challenging economic times. We are proud to be able to bring this history and commitment to our neighbors in Putnam.

Riverfront Commons
233A Kennedy Drive
Putnam, CT 06260
860-928-0144

Lobby Hours
Monday – Wednesday 8:30 am – 4:00 pm
Thursday & Friday 8:30 am – 5:00 pm
Saturday 8:30 am – noon

5-Year Step Up-CD

Take steps to earn more with our Step-Up CD! The interest rate increases each year.

1.12% APY*1

Year 1

.50%
Interest Rate*1

Year 2

.75%
Interest Rate*1

Year 3

1.00%
Interest Rate*1

Year 4

1.35%
Interest Rate*1

Year 5

2.00%
Interest Rate*1

Choose Your Checking Account

All of our checking accounts include:
Online Banking & Bill Payment
Mobile Banking & Mobile Check Deposit
Debit Mastercard® & Online Card Controls
Surcharge-Free ATMs at SUM participating locations

Free Checking

A  simple and convenient account with no monthly fees; requires electronic statements.

Direct Checking

Earn interest while accessing your money faster by arranging direct deposit of your paycheck or other recurring payment.

High Yield Checking

Be rewarded for higher account balances with premium rates of return while keeping your funds easily accessible.

Find More Ways to Save

Putnam CD Specials
TermAPY*3
1 Year CD0.55%
1.5 Year CD0.65%
2 Year CD0.75%
*3 Annual Percentage Yield (APY) is accurate as of September 1, 2020 and subject to change before account opening. Minimum deposit to open is $1,000. Fees could reduce the earnings on the account. A penalty may be imposed for early withdrawal. Available for a limited time only; offer may be withdrawn at any time. New money only; funds not currently on deposit with Jewett City Savings Bank. Available to businesses and organizations.
Putnam Account Specials
ProductMinimum to OpenMinimum Daily Balance to Earn APYAPY*4
High Yield Checking$25$100,000.00 and above0.40%
$50,000.00 to $99,999.990.25%
$0.01 to $49,999.990.10%
Money Market with Direct Checking or High Yield Checking$100$25,000.00 and above0.60%
$0.01 to $24,999.990.25%
Business Money Market with Business Checking$100$50,000.00 and above0.70%
$0.01 to $49,999.990.25%
*4 Annual Percentage Yield (APY) is accurate as of September 1, 2020 and subject to change at any time. The APY may change after the account is opened. Fees could reduce the earnings on the account. Available for a limited time only; offer may be withdrawn at any time. New money only; funds currently not on deposit with Jewett City Savings Bank.

How can we help you?

Please contact us if you have questions about any of our products and services. You can visit our Resource Center, use our information request form or give us a call at 860-376-4444.

Meet Your Local Team

Amanda_ Heibel

Amanda Heibel
Branch Manager
860-630-4979
aheibel@jcsbank.com
NMLS 1733927

Celina_Shippee

Celina Shippee
Branch Supervisor
860-928-0144
cshippee@jcsbank.com
NMLS 1951508

Mike Alberts

Michael Alberts
Vice President,
Senior Commercial Loan Officer
860-376-7521
malberts@jcsbank.com

*Offers available at our Putnam office only and subject to change without notice. Available for a limited time only; offers may be withdrawn at any time.

  1. Annual Percentage Yield (APY) is accurate as of September 1, 2020 and subject to change before account opening.  APY of 1.12% assumes principal remains on deposit for the term of the account. Term of the account is 5 years. Minimum $1,000 to open and maintain account. Maximum opening deposit is $100,000. No additional deposits allowed after account opening. Each interest rate coincides with a 12-month interval from the date of account opening. Funds may be withdrawn from the account without penalty within a 10-day grace period after each 12-month interval. Otherwise, a penalty will be imposed for withdrawals not made during a grace period or at maturity. Fees may reduce the earnings on the account. Jewett City Savings Bank checking or savings account required as interest is transferred monthly to a linked checking or savings account. New money only; funds not currently on deposit with Jewett City Savings Bank. Limited to one account per household or business. Not available for Individual Retirement Accounts.

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